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Galaxy Digital GLXY Digital Assets — Transaction expenses

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$1.33M-94.9%
Data Centers
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Other financials

Income statement

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Revenue$10.0B-22.6%
Net income-$216.3M
EPS (diluted)-$0.49+43.0%

Balance sheet

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Cash & equivalents$910.7M+91,069,000%
Total debt$2.6B
Total equity$1.8B+181,170,600%
Total assets$10.0B+999,198,000%

Cash flow

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Operating cash flow-$83.3M-152%
CapEx$337.9M+269%
Free cash flow-$421.2M-722%

Valuation

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Market cap$3.65B+2.0%
Enterprise value$5.38B+48.5%
P/S0.1×0.0×

Profitability

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Net margin-0.3%-0.5pp
FCF margin-3.5%

Returns & leverage

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Return on equity-17.9%-9.0pp
Debt / equity1.5×
Current ratio1.7×

Where this comes from

Reported directly by Galaxy Digital in its filing.

Tagged under the XBRL concept glxy:TransactionExpenses.

The source filing: Galaxy Digital’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001859392-26-000054
(in thousands)Digital AssetsData CentersTreasury and CorporateMarch 31, 2026
Digital assets sales costs$9,971,356$9,971,356
Blockchain reward distributions21,295(1,782)19,513
Borrowing costs18,963(1,503)17,460
Mining and hosting costs779779
Other transaction expenses (1)3,8003,8377,637
Transaction expenses$10,015,414$1,331$10,016,745

Item 1. Financial Statements

FAQ

What is Galaxy Digital's digital assets — transaction expenses?
Galaxy Digital (GLXY) reported digital assets — transaction expenses of $10.02B in Q1 2026.
How has Galaxy Digital's digital assets — transaction expenses changed year-over-year?
Galaxy Digital's digital assets — transaction expenses decreased by 22.5% year-over-year, from $12.92B to $10.02B.
What is the long-term trend for Galaxy Digital's digital assets — transaction expenses?
Over 2 years (2023 to 2025), Galaxy Digital's digital assets — transaction expenses has grown at a 8.1% compound annual growth rate (CAGR), from $51.46B to $60.11B.
What does digital assets — transaction expenses mean?
Represents the aggregate of all direct costs incurred to facilitate digital asset transactions, including sales costs and other execution-related fees. This metric serves as the primary measure of the cost of revenue for the digital assets segment. It is essential for calculating the segment's gross profit and understanding the impact of market volatility on operational margins.

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